Narine SHEKOYANOFFSHORING IN INTERNATIONAL BUSINESS: LEADING TAX HEAVENS OF THE WORLD

Keywords: offshore zones, offshore financial centers, tax breaks, tax havens, financial attractiveness, financial secrecy.Although the desire of entrepreneurs to use tax benefits or privileges of weaker regulatory mechanisms of offshore financial centers is quite acceptable and legal, offshore are also widely used for money laundering, eliminating bribery and illegal enrichment. Therefore, in order to prevent illegal outflow of capital and avoid losing budget revenues, some countries are actively pursuing a deoffshorization policy.It should be noted that, according to available international classifications, the greatest guarantees of financial secrecy, which are more characteristic for offshore, are provided by developed countries, which serve as main channels or recipients of illicit capital inflows.